Applicant requirements
A. Numbers of partners must be less than or equal to 2 people. Equity allocation and major stakeholder must be clearly defined.
B. Applicant is required to operate the store by him/herself.
C. Recognize Vifa’s business strategy and reach consensus on it.
D. Business background, especially building material industry experience is preferred.
E. Applicant who has local industry channel resource is preferred.
F. Fully understand risk and benefit of this investment.
Fund requirement
A. Initial investment above RMB 2.5 million, including rents for a season, hard and soft decoration, sample, franchising fee and deposit.